Luzerne, MI Home Values & Market Trends
Real estate market trends reflect that there have been 3 transactions over the past year in Luzerne. The median value for residential home transactions that occurred over the previous year is $149,900. The number of current listings in Luzerne is 9, and the percentage of properties for sale in the city is 9.00%. Luzerne, MI currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 9 properties for sale.
Luzerne, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 48636 | $ 149,900 $ 76/sqft |
Housing Market Summary for Luzerne, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.3M | $149.9K | -88.24% |
| Median Sold Price | $0 | $499.9K | - |
| Homes For Sale | 2 | 9 | 350.00% |
| Homes Sold | 0 | 1 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Luzerne, MI
Browse Homes in Luzerne, MI
Luzerne home values range from $34,056 to $1,195,000. The median estimated value of a home in Luzerne is $149,900. The median list price of a home is 149,900, and the total count of properties in the city is 10.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Luzerne, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Luzerne, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Luzerne, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Luzerne, MI. There is 1 zips within Luzerne, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Luzerne, MI. Auction homes and other auction properties account for 0% of all properties in Luzerne, MI. There is 1 zips within Luzerne, MI; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for Luzerne, MI
Guide for Luzerne, MI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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